There is also a ‘Double top retreat up’ chart formation is discovered. The chart picture forms ‘Double top retreat up’. which is a positive chart scenario. The currency pair is likely to go up.
The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline up.
A bullish trend up to the next resistance line at 0.038860000 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.037670000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.038920000 |
| 2nd High | 0.038900000 |
| Next High | 0.038860000 |
| Current Price | 0.038430000 |
| Next Low | 0.037670000 |
| 2nd Low | 0.037500000 |
| 3rd Low | 0.037490000 |
0.038860000 – 0.038900000 – 0.038750000 – 0.038400000 – 0.038500000 – 0.038520000 — 41.949071761211 – 44.693573262583
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up – –